The 2023 Edward K. Aldag Jr. Student Business Plan Competition is About to Launch

Check back for for updates!

Registration Opens

February 13th

Link to Registration

Competition Overview

February 20th from 4:30-6:00pm @ The EDGE

Registration Closes

Registration closes today! If you are interested in competing please register as soon as possible!

Draft PowerPoint Presentation Due

If you are in need of an extension on your PowerPoint, please contact Jenni Miesse at jmiesse@cba.ua.edu or call 205-348-3345.  Please register first! *PowerPoint files are preferred.

Instructions for Submitting PowerPoint 

Aldag Workshop

Date and Time: TBD Location: The EDGE

Link to Registration

Tips on Creating Your Presentation

Date and Time: TBD Location: The EDGE

Link to Registration

Aldag Coaching Hours

Date and Time: TBD Location: The EDGE

Schedule appointment via  Dr. Theresa Welbourne’s Calendly Link

Submit You Finalized PowerPoint Presentation

April 5th @ 11:59pm CDT

Review the following documents for full requirements:

Aldag Competition Opening Rounds

April 13th

Aldag Round 1: All teams participate in live Q&A with 10 minutes of judge questions via Zoom.

Judges will decide which teams advance to Round Two. Note, teams not advancing to Round Two are still eligible to win certain other prizes.

Aldag Competition Final Rounds

April 14th

Competition groups will take place simultaneously. Round Two competitors will be given a 25-minute slot and have up to 10-minutes for a live presentation,  and up to another 10-minutes for live Q&A . Judges will then have 5 minutes to take notes before the next team begins. Based on judge deliberations, there could be multiple prize winners within each group.

Winners Announced

April 14th

Note: Teams are encouraged to meet with judges/coaches after the competition for feedback. These interactions can be scheduled through the mentorship module within each StartupWind group.

Prize Pickup

April 14th

All 2023 Aldag competitors will receive a gift. Winners will be asked to sign the paperwork, pick up their trophies, and take celebratory photos.


What’s At Stake

Grand Prize: $50,000

1st Prize

$5,000

2nd Prize

$3,000

3rd Prize

$2,000

Established Concept Prize(s)

Prize 1: $5,000

Prize 2: $3,000

Prize 3: $2,000

New Business Idea Prize 1

Prize 1: $2,500

Prize 2: $1,500

Prize 3: $1,000

New Business Idea Prize 2

Prize 1: $2,500

Prize 2: $1,500

Prize 3: $1,000

Best Teamwork

$500

Best New Idea

$500

Crowd Favorite

$500

Social Entrepreneurship

$500

Alabama Power Foundation Innovation Technology Awards

This year a series of special awards are made possible by the Alabama Power Foundation. The Alabama Power Foundation Innovative Technology Awards for students offer three cash prizes totaling $10,000 ($5,000 first prize, $3,000 second prize, and $2,000 third prize) for the most groundbreaking technology-focused idea.

First Prize

$5,000

Second Prize

$3,000

Third Prize

$2,000

New Award in 2022 – The Great Repurposing Award

This year we announce a new award for the 2022 student business plan competition. Sponsored by Bob and Jean Merritt, this new award is designed to spur innovative thinking to repurpose items that could be put to better use. The goal is to award ideas aimed at repurposing something, with no constraints on the thing being repurposed. Ideas include doing something new with used tires, sawdust, old laptops or phones, abandoned shopping centers, or Christmas trees. It’s ok if someone else is already repurposing those items; your idea just has to be novel or different, in some way, from your competition.

First Prize

$5,000

Second Prize

$3,000

Third Prize

$2,000

Additional awards for all winners

Co-Working Space

One year of free co-working space at The EDGE

Free Consulting

Business, accounting, and law partners’ consulting

Entrepreneurship Academy

Ability to apply to the Summer 2022 Crimson Entrepreneurship Academy


Questions?

If you are interested in helping out as a coach, judge, or sponsor please complete this brief form and someone from our team will get back to you.

If you have other questions, feel free to reach out to us!

Jenni Miesse

Marketing Manager

Theresa M. Welbourne, Ph.D.

Executive Director of AEI & Will and Maggie Brooke Professor in Entrepreneurship

Note: The Tuscaloosa Innovates community business plan competition is still in the planning phase. More details will be shared on the EDGE competition website as the details come together.

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